Articles for Business News

Kia India Registers Domestic Sales of 14,441 Units in September 2021

Kia Seltos became the highest contributing model with 9,583 units, Sonet sold 4,454 units and the Carnival sold 404 units.

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Escorts Posts 25.6% Fall In Tractor Sales In September

Domestic tractor sales in September 2021 was at 7,975 tractors as against 11,453 tractors in September 2020, registering a degrowth of 30.4% on a YoY basis.

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Mahindra Auto Registers A 12 Percent Degrowth In Passenger Vehicles, In September 2021; Exports Up 61%

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 13134 vehicles in September 2021.

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Tata Motors Reports 28% Hike In September Sales, Says Semi-Conductor Shortage Is A Challenging Issue

The Automaker Sees a Growth of 49% over Q1 FY22 and by 55% over Q2 FY21

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Christian Mastro To Leave Bugatti Board Of Management And Return To Automobili Lamborghini

With effect from October 1st, Christian Mastro will leave his function as Member of the Board of Management of Bugatti Automobiles S.A.S. and return to Automobili Lamborghini S.p.A.

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Adversely Affected By The Global Semi-Conductor Shortage, Hyundai India Registers A Degrowth Of 23% In September 2021

Exports for the carmaker grew by 32% at 12 704 units, from 9600 units in September last year

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Former Ford India MD, Anurag Mehrotra Joins Tata Motors As Vice President International Business Strategy For Cvs

Mehrotra will be reporting to the Executive Director & Head, Commercial Vehicle Business Unit

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Govt Extends Validity Of Motor Vehicle Documents Till October 31

The Ministry of Road Transport and Highways (MoRTH) said it has asked the enforcement authorities to treat documents, including those related to fitness, permit (all types), driving license, and registration, as valid till October 31.

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Govt Hikes Gas Price By 62%; CNG Rates May Go Up

The price for gas produced from difficult fields such as deepsea, which is based on a different formula, was hiked to USD 6.13 per mmBtu from the current USD 3.62 per mmBtu.

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Maruti Suzuki Expects Adverse Impact On Production Amid Semiconductor Shortage

The company had earlier said its vehicle production in September would be just 40 percent of its normal output due to the shortage of semiconductor chips.

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